I agree.No need for a windfall tax as long as these big tech and energy companies pay the correct tax in the UK on the money earned in the UK, instead of moving it around to avoid paying.
Why not?
Why pick on the energy companies only? Seems to be a crime to make a profit these days.
I agree.
But how about the money earnt overseas, should that be taxed here or there.
Its all very complicated.
What a great way to fu¢k the economy!Any money leaving the UK for overseas subject to 90 percent tax to be put in sovereign wealth fund.
How about UK residents who earn income overseas, should 90% of that stay overseas or come back here?Any money leaving the UK for overseas subject to 90 percent tax to be put in sovereign wealth fund.
Just claim Non Dom status, if it's good enough for Rishi's wife....How about UK residents who earn income overseas, should 90% of that stay overseas or come back here?
How about UK residents who earn income overseas, should 90% of that stay overseas or come back here?
It already is taxable unless you’re non domiciled,Tax their income overseas, just as the USA do.
It already is taxable unless you’re non domiciled,
It’s not a loophole, it’s how the tax system works worldwide, only the US and Eritrea tax based on citisenship as opposed to taxation based on residency.I don't care what loopholes there are, they just need to be stopped.
I was led to beleive, that we benefit from more overseas earnt tax than the taxes that we lose to foreigners doing business here & paying tax abroad.I don't care what loopholes there are, they just need to be stopped.
It’s not a loophole, it’s how the tax system works worldwide, only the US and Eritrea tax based on citisenship as opposed to taxation based on residency.